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Lookup Type: REPORTING LIMIT METHOD

Product:	AP - Payables
Meaning:	Reporting Limit Method
Description:	Selects the method of accounting

Quick Codes

Code	Meaning	Description
FEDERAL	Same as Federal	Use federal reporting criteria
INDIVIDUAL	Compare Individually	Compare each 1099 MISC type against region reporting limit amount
SUM	Compare Sum	Compare sum of 1099 MISC types against region reporting limit amount